Full-Time

Director of Payments & Fraud

Confirmed live in the last 24 hours

 PrizePicks

PrizePicks

501-1,000 employees

Daily fantasy sports platform for predictions

Fintech
Gaming

Senior

No H1B Sponsorship

Atlanta, GA, USA

Hybrid role based out of HQ in Atlanta, GA.

Category
Risk Management
Finance & Banking
Required Skills
Data Analysis
Requirements
  • Minimum of five (5) years of experience in a similar role, preferably in higher-risk market verticals.
  • Experience with gaming merchants or providers is preferred.
  • Experience leading fraud operations or working in fraud prevention, detection, and mitigation.
  • Thorough understanding of DFS regulated and non-regulated business models, customer KYC processes, AML checks, fraud prevention, and related regulatory requirements.
  • Proven ability to identify root causes and key risk trends from diverse data sources and create detailed action plans to improve payment and fraud processes.
  • Strong team player with proven management experience and comfort reporting to executive-level supervisors.
  • Excellent communication and interpersonal skills to interact effectively with all business contacts.
Responsibilities
  • Oversee and continuously develop PrizePicks’ payments and fraud technology stack.
  • Develop and oversee the payments and fraud strategy including technology, partners, redundancies, and commercials.
  • Facilitate operations between legal, product, operations, and fraud teams to maintain & enable new jurisdictions and ensure compliance.
  • Lead fraud operations to identify, prevent, and mitigate fraud activities, ensuring the company is compliant with all relevant regulatory and security standards.
  • Identify and act upon issues within transactions, payment, and fraud processes, ensuring compliance with procedures.
  • Conduct analysis of transactional and customer records to identify trends, fraud patterns, and potential improvements in both payments and fraud operations.
  • Collaborate with internal and external stakeholders to address and resolve payment-related and fraud-related issues.
  • Recommend improvements to payment and fraud tools, strategies, and procedures.
  • Stay informed on the latest fraud schemes, techniques, and emerging payment fraud trends, proactively implementing measures to reduce fraud losses.

PrizePicks operates a daily fantasy sports platform where users can predict how well their favorite athletes will perform in various sports. Users choose between 2 to 5 players and decide if each will perform above or below a specific benchmark. The accuracy of these predictions determines the potential winnings, with users able to earn up to 10 times their entry fees. The platform is designed for sports fans in the United States and Canada, although some states have restrictions on participation. Unlike many other fantasy sports platforms, PrizePicks focuses on over/under predictions rather than traditional head-to-head matchups. The company generates revenue through entry fees and offers real-money games, making it appealing for fans who want to engage more with sports. PrizePicks has also been recognized with awards such as SBC Rising Star and Atlanta Top Workplace.

Company Stage

N/A

Total Funding

$2.2M

Headquarters

Atlanta, Georgia

Founded

2015

Growth & Insights
Headcount

6 month growth

17%

1 year growth

36%

2 year growth

209%
Simplify Jobs

Simplify's Take

What believers are saying

  • PrizePicks' rapid growth and expansion, including a $25 million investment in a new Atlanta headquarters, indicate strong job creation and economic impact.
  • The company's innovative product offerings, like PrizePicks Arena, demonstrate a commitment to enhancing user experience and expanding market reach.
  • High-profile partnerships with sports figures like Justin Gaethje and Sean O'Malley can attract new users and boost brand loyalty.

What critics are saying

  • The highly competitive nature of the daily fantasy sports market requires continuous innovation to maintain a leading position.
  • Expansion into new markets and product offerings may strain resources and operational capacity.

What makes PrizePicks unique

  • PrizePicks is the largest independent skill-based fantasy sports operator in North America, setting it apart from competitors who may not focus solely on skill-based games.
  • Their commitment to responsible gaming, highlighted by their collaboration with Kindbridge Behavioral Health, sets a new industry standard for player and employee support.
  • PrizePicks' strategic partnerships with major sports teams and entertainment venues, such as the Atlanta Braves and State Farm Arena, enhance their brand visibility and community engagement.

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